Bears take the reins, technical outlook signals further losses

The post Bears take the reins, technical outlook signals further losses appeared on BitcoinEthereumNews.com. The NZD/USD declined by 0.60% to 0.6125, extending its recent downtrend. The RSI is in negative territory and declining, while the MACD histogram is red and rising. A break below 0.6100 could open the door for a further decline towards 0.6000. […]

FTX Bankruptcy Hearing Reveals Uncertainty Around In-Kind Crypto Distributions Amid Creditor Support

The post FTX Bankruptcy Hearing Reveals Uncertainty Around In-Kind Crypto Distributions Amid Creditor Support appeared on BitcoinEthereumNews.com. The latest developments in the FTX bankruptcy case highlight the complexities of recovering assets for creditors. FTX, which once stood at the forefront of the cryptocurrency exchange landscape, is now navigating a comprehensive bankruptcy process. During the recent […]

A Balance-Changing Shift May Be Coming to Ethereum: Here’s the Proposal

The post A Balance-Changing Shift May Be Coming to Ethereum: Here’s the Proposal appeared on BitcoinEthereumNews.com. A recent proposal for an Ethereum update could significantly increase the network’s throughput, potentially boosting transaction speeds by 50%. The proposed improvement aims to help Ethereum compete more effectively with speed-focused blockchains like Solana. Ethereum Could Approach Solana’s Pace […]

FTX cash repayment plan approved by bankruptcy judge

The post FTX cash repayment plan approved by bankruptcy judge appeared on BitcoinEthereumNews.com. FTX’s bankruptcy plan to repay customers in cash plus interest was approved by a Delaware judge, despite a push for in-kind reimbursements. Judge John Dorsey of the U.S. District of Delaware Bankruptcy Court ruled in favor of FTX’s repayment, which could distribute […]

Tim Draper Slams Gary Gensler, Discusses Ripple Case

The post Tim Draper Slams Gary Gensler, Discusses Ripple Case appeared on BitcoinEthereumNews.com. With the recent Ripple appeal, the SEC and its chair Gary Gensler are back in the spotlight as the XRP community voices strong opposition to the agency. This new twist has extended the already delayed case timeline, with some speculating it could […]

Can WIF Price Surge Past $3? Analysis Says ‘Yes’

The post Can WIF Price Surge Past $3? Analysis Says ‘Yes’ appeared on BitcoinEthereumNews.com. Dogwifhat (WIF) price is on the verge of a potential breakout, with price action suggesting it could surpass the $3 mark. Today, WIF’s price has increased by 13%, making it one of the best-performing cryptos in the last 24 hours. As […]

Bitcoin Leads Investor Activity with $159M in Outflows; But Multi-Asset Products Shine

The post Bitcoin Leads Investor Activity with $159M in Outflows; But Multi-Asset Products Shine appeared on BitcoinEthereumNews.com. Digital asset investment products recorded minor outflows of $147 million over the past week, likely driven by stronger-than-anticipated economic data that reduced expectations for substantial rate cuts. ETP investment product trading volumes rose slightly by 15% to $10 […]

Ethereum reigns as top choice for whitehat hackers, but new contenders are rising

The post Ethereum reigns as top choice for whitehat hackers, but new contenders are rising appeared on BitcoinEthereumNews.com. Ethereum remains the preferred blockchain for crypto whitehat hackers, with 87% still favoring it. However, other blockchain networks like Polygon, Arbitrum, Optimism, and Solana are gaining traction, according to Immunefi, a bug bounty and security services company. […]

Could Bitcoin’s Recent Rally Signal a Bullish Trend Amid Market Volatility?

The post Could Bitcoin’s Recent Rally Signal a Bullish Trend Amid Market Volatility? appeared on BitcoinEthereumNews.com. Bitcoin’s recent rally above $64,000 has marked a significant shift in market sentiment. As of October 7, Bitcoin has exhibited a remarkable 7.75% increase from its previous low, signaling a robust bullish trend. Analysts emphasize that Bitcoin’s strong recovery […]

‘Memecoin supercycle’ begins? Investors excited as POPCAT outshines Bitcoin

The post ‘Memecoin supercycle’ begins? Investors excited as POPCAT outshines Bitcoin appeared on BitcoinEthereumNews.com. The memecoin supercycle is gaining momentum as market optimism rises. Some memecoins are diverging from Bitcoin’s volatility, ready to lead. Bitcoin [BTC] nearly reached the $64K mark during the early hours of Monday, coinciding with a pivotal week for U.S. economic […]